
Commercial price chain model
Use the labelled parts to connect the representation with the calculation in commercial price chain.- 1Marked price -> Discount: less
- 2Discount -> Tax: then add
- 3Tax -> Bill amount: gives
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Lesson
Commercial mathematics uses cost price, selling price, discount, tax, and interest to solve everyday money problems.
Learning objectives
Explain Profit, Loss, Discount, Tax, and Interest using the correct rule or formula.
Show each calculation or construction step clearly.
Check the final answer for form, sign, and units.
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In this chapter
Now on Profit, Loss, Discount, Tax, and Interest. Next up: Lines, Angles, and Triangles.
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